LCID - Cup with Handle - 2021-10-25
LCID Trade Summary
Performance metrics and trade details for LCID breakout.
- Stage
- Catalyst
- Risk
- None%
- Gain %
- None%
- Trade Duration
- 0 days
- Market Condition
- Market Cap
- $NoneB
- Shares Float
- NoneM
- Entry
- Stop
- Exit
- About
Lucid Motors formed a textbook cup with handle pattern, along with Minervini's VCP (Volatility Contraction Pattern).
There were two potential entry points:
- Cheat area – early entry before the breakout
- Breakout of the cup handle
Exiting after the first close below the 10 EMA would have secured an impressive 97% gain.
Before Breakout Daily
After Breakout
